Birdwatch Note Rating
2024-10-26 17:21:05 UTC - NOT_HELPFUL
Rated by Participant: 252F9785D3FC99BAC744BBC029AB8E14CD4E697B6A7D9C240ADE76A1BE1A5986
Participant Details
Original Note:
While @unusual_whales statement is correct, Trump's description of foreign countries paying the tariff is factually incorrect. "consistent theoretical and empirical finding in economics is that domestic consumers and domestic firms bear the burden of a tariff, not the foreig.." https://budgetlab.yale.edu/research/fiscal-macroeconomic-and-price-estimates-tariffs-under-both-non-retaliation-and-retaliation
All Note Details